Message from @johnfrum
Discord ID: 358085197641678851
off-chain bitcoin is scary
it's also less secure
```Just the circumstantial evidence, they are building a banking layer on top of bitcoin. And demand to use it is expected to be enhanced by limiting on chain transactions.
```
Ah, understand now. So is this going to actually gain traction or will people against LN be ignored as normies go for the less secure but slightly easier option backed by a large company?
crypto normies and staunch anti-Cashers/pro-Core folks will defend LN viciously
I used to be pro segwit and anti cash but now im seeing this and it is scary
segwit is good but what it helps make possible is not
I fear that we will venture into an ERC-20 ecosystem and a Segwit/LN-ecosystem
qtum pls moon
big money, do you want their dick in your Bitcoin Core/
I honestly see less reason to trust Qtum than BtC
yeah qtum is funded by big gook money
i just dont like Ethereum
because of Vitalik and how retarded he is
also his platform sucks ass
non-existient scaling, another hardfork incoming (casper), high fees for moving tokens, not a store of value -- has a high value
censorship
mutibility
He'll, I wonder if people would even use it, fucking normies, I swear
bitcoin is literally unusable
once we get into working decentralized exchanges and shit like 0x or even LN Atomic Swaps we can start seeing real world usage
"Oh, I accept ARK payments"
"ok, let me swap my Bitbean for Ark"
this is the timeline where bitbean surpasses bitcoin
Meh, real world application is too insecure, you involve physical interaction and something will get lost because you need to make it at least kind of normies friendly
Always saw it as a stash for online goods and maybe investment
fiat cash will always be easier
people use apple pay
it could work the same
just with QR code instead of NFC
True, hence why I don't see why you would try to make crypto more like fiat
it doesnt have to be like fiat
i never said that
I meant more as a general way to pay for everyday things.
Just seems like a hassle doing it FtF
I dont think so
what issues could you encounter
lets say its a well designed wallet for a coin with less than 5sec txns